Enlight secures ppa for the pupin wind farm in serbia

Tel aviv, israel , oct. 02, 2023 (globe newswire) -- enlight renewable energy (“enlight”, nasdaq: enlt, tase: enlt.ta) is pleased to announce that it has been awarded a 15-year inflation-linked power purchase agreement (“ppa”) for the company's pupin wind farm in serbia. under the ppa, the state-owned utility elektroprivreda srbije will purchase 72% of the project's output at a price of eur 69 per mwh linked to eurostat's consumer price index. the remainder of the electricity produced will be sold on a merchant basis.
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